Quote from: mrdeposit on April 13, 2019, 11:43:15 AM

Quote from: Cryptomist12 on April 10, 2019, 05:18:56 AM

I am trading from many years using technical analysis but technical analysis only is not enough , I am lacking something in my analysis and not having confidence in taking trades only based on technical analysis, I did ask many traders they say lot of factors like psychology, crowd behaviour , market sentiments , any experienced traders here know some other factors please mention , and if of you know books where I can learn those please mention book name thanks

In crypto trade, absolutely no. Because the technical analysis is not working properly. At least with the TA, there are very few people who can determine the price for future, and they are unlikely to be right.

Technical analysis sure works and its very effective, it all depend on the coin and the level of volatility at the point of trading, technical analysis has been a useful tool for mostly day traders, who monitors price movement of a second, minute or hourly basis and since they do so consequently, no matter the fundamentals that comes in, TA will be able to quickly detect it, although it is more beneficial to traders that trades directly and does not use stop loss or take profit tool.

The only people I see that TA is very useless too are long term investors, and this is where fundamental analysis comes to function more for them.